US STOCKS-Futures lower as investors absorb Brexit shock

Redacción de Reuters

3 MIN. DE LECTURA

* Futures down: Dow 104 pts, S&P 12.25 pts, Nasdaq 32.25 pts

By Yashaswini Swamynathan

June 27 (Reuters) - U.S. stock index futures were lower on Monday as investors assessed the implications of Britons voting to leave the European Union, a decision that sparked a global selloff on Friday.

* The so-called "Brexit" vote threw markets off-balance as investors worried over the consequences and fled to safe-haven assets such as gold and government bonds.

* Wall Street marked its worst day in 10 months amid massive trading on Friday as investors who had pinned their bets on Britain remaining in the EU were caught wrong-footed.

* Uncertainty surrounding when and on what terms Britain will end its membership is expected to fuel volatility in the next few weeks.

* European stocks were hammered for a second day and the sterling fell more than 2 percent. The dollar and gold rose, while the yield on the 10-year U.S. treasury bond fell on Monday.

* The vote, which Federal Reserve Chair Janet Yellen had said would have significant repercussions on the U.S. economic outlook, is expected to reduce the Fed's ability to raise short-term interest rates.

* Traders see no chances of a rate hike in July and September and have priced a meager 1.9 percent bet on an increase in November, according to CME Group's FedWatch tool.

* Yellen is no longer due to speak at the ECB Forum on Central Banking starting on Monday, the second high-profile defection after the Bank of England's governor pulled out after the vote.

* Oil prices steadied but were still in the red on Monday as analysts said Brexit would have a limited impact on global fuel demand.

* U.S. banks remain under pressure. Citigroup, Bank of America and JPMorgan were off about 1.8 percent each premarket.